000			01615nam a2200205 4500
020			_a 0511528221 _cTZS 10,000/=
040			_aMUL _beng _eAACR
082			_a330.072 BLA
100			_aBlaug, Mark
245			_aThe methodology of economics, or, How economists explain _c/ Mark Blaug
250			_a2nd ed.
260			_aCambridge : _bCambridge University Press, _c1992
300			_axxviii, 286 p. : _c25 cm
440			_a Cambridge surveys of economic literature
504			_aIncludes bibliographical references and index
520			_aThis book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added
650			_aBusiness economics
650			_aEconomics methodology
942			_cBK
999			_c7875 _d7875